Digital transformation has today become an essential component of running a successful business. Companies, irrespective of their niche and size, are leveraging digital transformation services to innovate their services/products and create new revenue models. But do you think only B2C companies can leverage digital transformation services? Enters B2B digital transformation!
According to Gartner, 20% of CEOs worldwide focus on B2B digital transformation when framing their future business strategies. Another trusted source, IDC, predicts that by 2023, B2B digital transformation investments will surpass $7 trillion!
Clearly, B2B digital transformation has now become an essential component rather than an option for companies worldwide. Thanks to advancements in next-gen technologies and the ever-changing customer demands, B2B companies are today seeking digital transformation consulting to innovate their operations.
They are leveraging enterprise solutions, mobile apps, and other B2B digital transformation services that can help them achieve maximum profits and customer satisfaction. So, if all your competitors are doing it, why do you lag?
Hence, as a leading digital transformation consulting company, we have brought you the top eight B2B digital transformation trends essential for your business growth! But first things first.
Business Benefits of Digital Transformation
Better Customer Engagement
Customer engagement has been the most prominent aspect of every business, and B2B companies are no exception. Everyone today wants real-time assistance and personalized services from the brand they are interacting with. However, the traditional business approach cannot handle such dynamic customer requests.
That’s where B2B digital transformation comes into play! You can easily enhance your customer support operations with cutting-edge digital transformation services. For instance, you can deploy an NLP-driven chatbot that answers your customer queries in real-time and even understands their true intent and answers in the most human-striking manner.
Besides that, B2B digital transformation offers a seamless user experience over multiple channels and platforms. So, whether over social media or your enterprise application, your users would easily access your services/products seamlessly without any lag.
Reduced Operational Cost
Another excellent advantage of adopting B2B digital transformation is reduced operational cost. Legacy enterprise systems are not capable of doing multiple things. They even have loopholes that limit them from integrating with other third-party solutions and next-gen technologies. That eventually increases the operational cost for B2B companies.
But that’s not the case with modern enterprise solutions. B2B digital transformation allows you to create highly scalable enterprise solutions that integrate smoothly with other tools and solutions. You can even deploy them on the cloud platform, reducing your data management cost.
Additionally, those modern enterprise solutions can be equipped with multiple next-gen technologies, thereby eliminating manual assistance. Hence, your operational cost is reduced, which would otherwise be used in hiring more resources.
Automated Operations
Everybody likes doing things with one touch/click in today’s digital era. However, the legacy systems/traditional business infrastructure does not offer process automation capabilities. For instance, you cannot integrate AI development services in your legacy systems due to loopholes. Similarly, cloud integration is also not possible in legacy systems.
That’s where B2B digital transformation comes into play! Adopting the latest digital transformation trends for your business can automate your work operations. Whether managing warehouses via robotics applications, getting the real-time status of fleets, or offering custom mobile apps to your users, everything can be done through B2B digital transformation.
You can streamline complex and mundane business processes, including data entry, visitor management, product loading/unloading, accounting, email management, etc.
Streamlined Workflows
Are you experiencing a lag in your daily tasks due to human errors or a lack of proper management? Well, all those things can be solved via B2B digital transformation. B2B digital transformation services enable you to streamline various facets of your organization by innovating your existing business infrastructure.
By adopting B2B digital transformation services, you can create modern enterprise solutions and mobile applications that ease your management tasks. For instance, you can easily handle customer queries through chatbots, manage your warehouse via drones and robotics applications, and even automate your project management tasks.
Improved Communication
Effective communication is important for the success of any organization. A lack of proper communication in any company leads to poor transparency, conflicts, poor decision-making, and loss of opportunities. We are sure you do not want that for your business!
Hence, by adopting robust digital transformation services, you can facilitate proper communication between your teams, your team, your clients, you, your clients, etc. All that will help you understand the following:
- Your customer’s expectations
- Processes that require optimization
- Resource utilization
- Future business planning
Future-Ready Business
Lastly, an excellent benefit of adopting digital transformation services for your B2B company is that it leads to a future-ready business! Innovation has become essential to running a successful business in today’s competitive world. Customer needs are frequently changing, and everyone wants to get faster services at their convenience.
B2B digital transformation allows you to adopt the latest digital trends to help you win the competition curve. You can easily create customer-centric solutions and apps that cater to the various needs of your target audience.
Additionally, you can also enhance your existing business infrastructure through legacy modernization services that allow you to add new features or technologies to your existing system. Not to mention, adopting the latest digital transformation trends that can help you, in the long run, make your business future-ready.
Top 8 Digital Transformation Trends for B2B
So, we have explored the top benefits of B2B digital transformation. But what are those top B2B digital transformation trends helping companies become future-ready? Let’s explore!
Data Analytics
Data analytics is the foremost digital transformation trend gaining huge momentum these days. It is no surprise that data is the most critical element in winning the competition curve. Hence, many B2B companies today are leveraging data analytics services and solutions to gain multiple benefits.
You can use data analytics services to detect fraud, generate useful business insights, gain better control over your company operations, and even enhance your user experience. Data analytics services can also enhance machine learning applications or optimize your budget and expense planning processes.
Personalized Experience
Another useful digital transformation trend for B2B companies is a personalized experience. You might have heard that customers are the king in B2C companies. However, many B2B companies are today investing in cutting-edge digital transformation services to enhance their customer experience.
As per a survey by FPX, out of 68% of companies involved in B2B digital transformation, 58% said that adopting digital transformation trends for their business is to enhance CX. Companies today actively invest in digital transformation services like chatbot development, recommender system development, and IoT sensor technologies to gain better client visibility.
They are utilizing AI with data analytics to identify the main concerns of their customers and resolve them with minimal human intervention.
Automated Support
Process automation has not remained an option anymore. Several B2B companies actively invest in process automation services to streamline their business operations, including data entry, accounting, expense management, customer support, employee management, HRM, etc. You can also leverage this excellent digital transformation trend to automate your complex business operations.
For instance, you can use AI development services to automate various facets of your company, including customer support, accounting, budget planning, etc. Besides that, IoT development services can also help collect data from various touchpoints that can further be used for data analysis.
Agile Process
In today’s fast-paced world, a company that launches its solutions and services faster always has a higher chance of winning the competition. That’s why the agile process is at the heart of B2B digital transformation. Companies are adopting an agile process to launch new products/services into the market quickly.
Adopting an agile methodology ensures that your clients verify your projects at every stage. The agile process allows you to take faster approvals, accelerating your product delivery process.
Additionally, the agile method also offers extra perks like the proper status of the projects, customer-focused solutions, better client satisfaction, etc.
Next-Gen Enterprise Solutions
Next-gen technologies like AI, ML, IoT, and cloud computing are today ruling the world. Every industry is leveraging next-gen technology services and solutions to enhance its existing infrastructure, offer better customer services, and increase its brand value. In fact, many B2B companies use enterprise solutions based on next-gen tech to optimize overall business performance.
Hence, you must leverage this robust digital transformation trend for your B2B company. You can partner with a professional digital transformation consulting company to explore the best next-gen tech suitable for your business.
A reliable digital transformation consultant understands your business concerns and helps you frame an effective digital transformation strategy involving next-gen tech and other software development services. Some companies even offer free digital transformation consulting to help you with your planning process. Hence, choose wisely!
Enterprise Mobility
In today’s digital world, when everything is going mobile, why should B2B companies lag? That’s where enterprise mobility services come into play! Today, several B2B companies are investing in enterprise mobility solutions to offer mobile services to their employees and other clients.
With enterprise mobility services, you can easily manage your business operations using your preferred mobile devices. Whether creating salaries, tracking the working hours of your employees, managing sales and marketing campaigns, or even getting the real-time status of your assets, everything can be done via enterprise mobility solutions.
So, find a reliable enterprise solutions development company to help you define your business concerns and create a business-specific enterprise mobility solution.
Omni-Channel Marketing Strategies
These days, B2B companies focus more on customer engagement than ever. Omnichannel marketing, which involves connecting all the internal systems to a centralized platform, is at the top of digital transformation strategies. But how does omnichannel marketing promotes a smooth digital transformation?
Well, omnichannel marketing strategies allow you to offer a unique and similar experience to the user on all the marketing channels. Each channel, website, app, or social media channel should provide a similar experience to your visitors.
To achieve that, you must integrate front-end and back-end operations streamlined. That means you must optimize your process, ranging from marketing to quotation and final delivery.
A lack of integration in your B2B digital transformation strategy can result in poor customer experience, long turnaround times, inaccurate deliveries, etc.
Cloud Integration
We have learned that data is the most critical element to winning today’s competitive market. However, you will require a reliable platform that stores such vast data and helps you analyze it while maintaining its security. That’s where cloud integration services come into play!
With cloud integration services, you can easily store data from touchpoints securely. Moreover, the cloud platform allows you to process this vast data to extract meaningful business insights that help you make informed business decisions. You can provide access-based rights to your employees and even check who made the changes to the data in real-time.
Read More: Digital Transformation Consulting – A Complete Guide
How Can Matellio Help You with B2B Digital Transformation?
As a leading digital transformation consulting company, we can help you redefine your business operations via B2B digital transformation. Whether digital consulting, next-gen enterprise solution development, or cloud integration, our talented digital transformation consultants help with all your business requirements.
You can leverage our years-long expertise in software engineering and digital transformation services to innovate your business infrastructure. Moreover, we also offer free consulting to our clients, along with market and competitor analysis, to help you streamline your digital transition. So, why wait until you can start today? Connect with our talented digital transformation consultants over a free call to discuss your ideas and begin your B2B digital transformation journey!
Conclusion
Innovation is longer an option! In today’s competitive world, if companies need to succeed, they must cater to the ever-changing customer needs, and B2B digital transformation is the only way to do that. Adopting suitable digital transformation trends allows you to upscale your operations while bringing agility and transparency to your business.
Whether next-gen tech implementation or hosting your data on the cloud platform, B2B digital transformation services offers you everything. Hence, you must connect with a reliable digital transformation consulting company to explore the best services tailored to your business needs. You can leverage our free consulting service to get started today!